The international experience and policy implications of managing floating exchange rate to clean floating rate
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F831

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    Abstract:

    This essay selects the successful examples of Japan, Australia and Poland to analyze their experience of exchange rate regime reform. In their reform processes, the three countries added the reform into the national financial reform, strengthened multilevel communication to achieve social acceptance, implemented gradual reform strategy to improve the enterprises' ability, realized free floating when their currencies were appreciating or stable, and contained necessary intervention measures in the transition period. These measures have policy implications for China's exchange rate regime reform.

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陈德敏,谢斐.有管理浮动汇率向清洁浮动汇率转变的国际经验与政策启示[J].重庆大学学报社会科学版,2019,42(3):29~36

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History
  • Received:
  • Revised:June 21,2018
  • Adopted:
  • Online: March 25,2019
  • Published: